GigaCloud Technology Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Revenue	1,110	703.83	490.07	414.2	275.48	122.3
Revenue Growth (YoY)	89.84%	43.62%	18.32%	50.36%	125.26%	-
Cost of Revenue	819.91	515.2	406.96	324.6	200.36	100.1
Gross Profit	290.08	188.63	83.11	89.6	75.12	22.19
Selling, General & Admin	136.74	71.39	46.67	50.24	30.93	17.39
Research & Development	9.78	3.93	1.43	-	-	-
Operating Expenses	146.52	75.32	48.09	50.24	30.93	17.39
Operating Income	143.56	113.31	35.02	39.35	44.18	4.8
Interest Expense	-0.34	-1.24	-0.57	-0.31	-0.05	-
Interest & Investment Income	7.85	3.3	0.47	0.54	0.06	0
Currency Exchange Gain (Loss)	3.76	2.09	-4.85	-2.01	1.02	0.17
Other Non Operating Income (Expenses)	1.69	0.77	1.09	0.16	0.06	-0.03
EBT Excluding Unusual Items	156.53	118.23	31.16	37.73	45.28	4.94
Gain (Loss) on Sale of Investments	-	-	-	-	-	-0.14
Gain (Loss) on Sale of Assets	-3.45	-3.24	-	-	-	-
Pretax Income	153.08	115	31.16	37.73	45.28	4.8
Income Tax Expense	22.65	20.89	7.19	8.47	7.82	1.95
Net Income	130.42	94.11	23.97	29.26	37.46	2.86
Preferred Dividends & Other Adjustments	-	-	9.29	20.28	24.5	1.85
Net Income to Common	130.42	94.11	14.68	8.98	12.96	1.01
Net Income Growth	83.67%	292.57%	-18.06%	-21.89%	1210.99%	-
Shares Outstanding (Basic)	41	41	24	10	9	9
Shares Outstanding (Diluted)	41	41	24	10	9	9
Shares Change (YoY)	0.80%	67.63%	138.21%	7.92%	-	-
EPS (Basic)	3.18	2.31	0.60	0.88	1.36	0.11
EPS (Diluted)	3.17	2.30	0.60	0.88	1.36	0.11
EPS Growth	107.06%	283.33%	-31.53%	-35.79%	1185.62%	-
Free Cash Flow	122.8	129.07	48.95	6.73	32.63	0.21
Free Cash Flow Per Share	2.98	3.15	2.01	0.66	3.44	0.02
Gross Margin	26.13%	26.80%	16.96%	21.63%	27.27%	18.15%
Operating Margin	12.93%	16.10%	7.15%	9.50%	16.04%	3.93%
Profit Margin	11.75%	13.37%	3.00%	2.17%	4.70%	0.82%
Free Cash Flow Margin	11.06%	18.34%	9.99%	1.63%	11.84%	0.17%
EBITDA	151.54	116.19	36.41	40.13	44.41	4.93
EBITDA Margin	13.65%	16.51%	7.43%	9.69%	16.12%	4.03%
D&A For EBITDA	7.98	2.87	1.39	0.78	0.23	0.13
EBIT	143.56	113.31	35.02	39.35	44.18	4.8
EBIT Margin	12.93%	16.10%	7.15%	9.50%	16.04%	3.93%
Effective Tax Rate	14.80%	18.16%	23.08%	22.45%	17.27%	40.50%
Revenue as Reported	1,110	703.83	490.07	414.2	275.48	122.3
Advertising Expenses	-	3.91	1.53	1.85	1.08	1.2

Source: S&P Capital IQ. Standard template. Financial Sources.